It is important to provide accurate valuations of your items, to make sure you’re not under-insured. Your items should be valued based on what it would cost you to fully replace them. There is useful information about how to value your home contents here.
It is important to note that some policies replace ‘new for old’, whilst others will replace items based on their depreciated value (for example, laptops, phones and bikes). It is important to check your policy documents for this information.
Some of our policies have specific conditions, for example watches and jewellery may require independent valuations.